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6th education
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Asked 10/11/2008 11:10:08 AM
Updated 68 days ago|7/27/2023 12:14:43 AM
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User: 6th education

Weegy: ok what is the question about this?

User: maths

Weegy: ok

User: what is the formula for profit & loss?

Weegy: [www.dionco.com/tedtopping/tt_articles/GrossProfitTheMostBasicFormulaInRetail.pdf]

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Question
Asked 10/11/2008 11:10:08 AM
Updated 68 days ago|7/27/2023 12:14:43 AM
1 Answer/Comment
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The formula for profit or gain is equal to the selling price minus the cost price. While the formula of loss is equal to the cost price minus the selling price.
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Added 68 days ago|7/27/2023 12:14:34 AM
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